What is the main public policy behind the part performance d

What is the main public policy behind the part performance doctrine? Business Law Question

Solution

As per the part performance doctrine oral contracts can be recognized and enforced inspite of the legal deficiencies present in the contract. For instance under this doctrine oral contracts can be established even when there is no written evidence present.

The main public policy behind this doctrine is the equitable principle. This doctrine is based on the notion of unfairness to the defendant. The doctrine of part performance is an exception to the Statute of Frauds according to which noncompliance with statutory requirements will result in unenforceability of a contract.